Nintendo FY/2026 Q3 Financial Results
DOCUMENTS:
Financial Results Explanatory Material
Consolidated Financial Highlights
HIGHLIGHTS
Switch 2 sold a total 7.01M units during the holidays
Switch 2 LTD sales have reached 17.37M
Switch 1 sold 1.36M units during Q3 (71.7% down YoY)
Switch LTD sales have reached 155.37M units
Switch 1 The Switch 1 hardware forecast hasn’t changed. Nintendo is still projecting 4 million units sold for the fiscal year, which means they’ll need to move about 750,000 units in the current quarter (January–March) to hit that target. Meanwhile, Switch 2 has already reached 17.37 million units LTD in less than seven months. For context, Nintendo originally projected 15 million units for its first fiscal year. Switch 2 has completely blown past that forecast; so much so that Nintendo raised the projection to 19 million last quarter. At this pace, a 20 million unit first year is absolutely doable. That’s pretty exciting with Nintendo having not even released it’s most heavy hitter AAA games for the console yet.
As for Switch 1, I’ll dig deeper into whether I think it can catch the PS2 after Q4 results come in and we see Nintendo’s next fiscal year projections. If Nintendo is forecasting 2.5 to 3 million additional Switch 1 units next year, that’s encouraging. If it’s less than that, it suggests they may not be aggressively chasing the all-time record.
Personally, I think they should go for it. With intentional positioning (i.e. strategic pricing or even a slim model), the Switch could realistically surpass the PS2’s recently retconned LTD number. Though rising RAM costs could complicate that strategy. We’ll have to see how Nintendo plays it.
Here are the updated software totals. The bolded listings sold over a million units during the fiscal year. Format = Title - LTD (Q3 total):
Mario Kart 8 Deluxe - 70.59M (+1.03M)
Animal Crossing: New Horizons - 49.32M (+700K)
Super Smash Bros. Ultimate - 37.44M (+510K)
The Legend of Zelda: Breath of the Wild - 33.64M (+300K)
Super Mario Odyssey - 30.27M (+430K)
Pokémon Scarlet and Violet - 28.08M (+470K)
Pokémon Sword and Shield - 27.08M (+120K)
The Legend of Zelda: Tears of the Kingdom - 22.40M (+250K)
Super Mario Party - 21.28M (+50K)
New Super Mario Bros. U Deluxe - 18.80M (+270K)
Nintendo Switch Sports - 17.84M (+1.57M since March 2025)
Super Mario Bros. Wonder - 17.15M (+1.12M since March 2025)
Mario Kart World - 14.03M (+4.46M)
Super Mario Party Jamboree - 9.41M (+770K)
Pokémon Legends: Z-A - 8.41M
Donkey Kong Bananza - 4.25M (+760K)
Pokémon Legends: Z-A – Nintendo Switch 2 Edition - 3.89M
Super Mario Galaxy 2 - 2.42M
Super Mario Galaxy - 2.28M
Kirby Air Riders - 1.76M
Switch 2 already has four million-sellers under its belt.
I’m really hoping Metroid Prime 4: Beyond clears the one-million mark on either Switch 1 or Switch 2 so it shows up in Nintendo’s end-of-year million-seller report. It deserves that milestone.
Meanwhile, the original Switch is about to enter its 10th year on the market this March, and the Switch 2 is on pace to ship nearly 20 million units in its first fiscal year - less than a full calendar year on shelves. That’s an incredible position to be in. It’ll be fascinating to see how Nintendo builds from here.
Nintendo is firmly in pole position.